Quantitative Analyst Intern Job at Keyrock (London)

Quantitative Analyst Intern

Keyrock

Location:
United Kingdom; Belgium , London ▼
Brussels

Category:
IT - Software Development

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Quantitative Analyst Intern - Crypto. We are looking for a high-caliber Quantitative Analyst Intern to sit within our Strategic Market Making team. In our Strategic Proprietary Market Making team, we deploy capital across CEXs and DEXs to capture structural, incentive-driven and exotic market opportunities. Strategic Market Making operates at the frontier of digital asset markets-identifying and executing on opportunities that emerge from new token launches, foundation mandates, liquidity programs, incentive distortions and evolving market microstructure. Unlike traditional service market making desks, this team is unencumbered by SLA obligations and is purpose-built to move quickly, iterate strategies and allocate capital dynamically where risk-adjusted returns are most compelling. You will also support our on-going expansion into the Perpetual DEX ecosystem, bridging the gap between TradFi rigor and DeFi innovation.

Job Responsibility:

Assist in the development of modular Python-based libraries (utilizing Pandas, NumPy, and Polars) to standardize performance metrics and unify global trading data
Perform deep-dive statistical analysis on trade-level data to decompose PnL drivers, isolate alpha decay, and identify execution drag or 'toxic flow'
Analyze the incentive structures and market-making programs of leading protocols (e.g., Hyperliquid/HIP-3, Paradex, Lighter)
Help optimize our participation to maximize protocol rewards and capital efficiency
Build and maintain automated workflows that convert raw L1/L2 order book data into actionable insights for the Trading and Investment Committees
Proactively track market microstructure signals and portfolio exposures to highlight emerging risks and identify underutilized liquidity opportunities

Requirements:

Recent or upcoming graduate from a top university in financial engineering, mathematics, physics, computer science, or a related quantitative field
Solid foundation in Python (specifically for data science) and SQL
Exposure to Rust or a strong desire to learn it is highly valued
Strong academic background in a quantitative field (Math, Physics, CS, or Financial Engineering)
Comfortable with probability, statistics, and linear algebra applied to real-world trading
Track record of running automated or semi-automated strategies—be it funding arbitrage, cash & carry, or delta-neutral market-making
Working knowledge of traditional equity market structure
Understanding of Perpetual DEX dynamics and on-chain mechanics
Thrive in fast-paced environments, can manage multiple workstreams, and have the 'owner mindset' to see projects through to completion
Fluency in English is a must
Ability to explain complex technical concepts simply

What we offer:

A 6 month paid internship
Company and team wide offsites
A global, collaborative and tech-driven environment
Autonomy & Impact - our flat structure means you can contribute your ideas from day one and help shape the foundation that will power Keyrock’s future business
Culture of Excellence - we value nimbleness, drive for success, owner mentality and collaboration

Additional Information:

Job Posted:
February 18, 2026

Employment Type:

Fulltime

Work Type:

Hybrid work

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